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Finance committee approves five‑year Verizon cable franchise renewal, 3‑0

Finance and Revenue Committee · February 11, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Finance & Revenue Committee approved a five‑year franchise renewal with Verizon after staff negotiated with other municipalities and counsel; the committee noted franchise fees are pressured by cord‑cutting and streaming.

The Finance & Revenue Committee approved a five‑year franchise renewal agreement with Verizon on a 3‑0 vote.

A committee member said Verizon sought a shorter term than the prior 10‑year agreement…

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